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Project Information & Due Diligence Profile Completed
31%
Not Verified

Funding

Funding Needed
$75 (Mio)
EB5 Funding
$75 (Mio)
EB-5 Investors
150
Investment Amount
$500,000

Jobs

Job Creation per Investor
10.0
Job Creation (Total)
1500
Category
Accommodation and Food Services
Sub-Category
Hotels (except Casino Hotels) and Motels

Location

State
Vermont
Location
830 Jay Peak Road, Jay, Vermont 05859
Staticmap?center=44.9379202, 72

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Viji Durga

Last Update: December 08, 2016 12:44 AM

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Jay Peak Resort - Hotel Jay & Conference Center

Opened: July 01, 2010

Closed: February 29, 2012


Project Description

This significant project welcomed 150 investors and consists of a 120-suite hotel complex, conference center, indoor water park, ice arena and golf clubhouse.  It has created weatherproof amenities and further expanded the Jay Peak bed base.  Adding accommodations has been a top priority of the Jay Peak EB-5 business plan.  Adding bed base is the surest way to increase profitability.  

Jay Peak is one of Vermont's best known winter ski resorts.  With the addition of the indoor water park, indoor ice arena, clubhouse and conference center the 4-season business plan, so much a part of Jay Peak's strategy for growth, has truly become a reality.  The Hotel Jay Complex was completed in its entirety in February 2012.

Jay Peak Resort - Hotel Jay & Conference Center: Map

830 Jay Peak Road, Jay, Vermont 05859



News & Updates

Burke Mountain contractors receive final payments in EB-5 case
Burke Mountain contractors receive fi...
Michael Goldberg explains a settl...
 September 28, 2017
Scott won’t rule out EB-5 special prosecutor
Scott won’t rule out EB-5 special pro...
The Hotel Jay is the signature pr...
 September 27, 2017
EB-5 investors: Don’t toss case against ex-Jay Peak owner
EB-5 investors: Don’t toss case again...
The Hotel Jay is the signature pr...
 September 21, 2017
Class-action fraud suit can go ahead against People’s bank, Quiros
Class-action fraud suit can go ahead ...
The lead plaintiff was an investo...
 September 13, 2017
Jay Peak investor sues immigration attorney
Jay Peak investor sues immigration at...
Jay Peak’s Tram Haus Lodge was bu...
 September 07, 2017
 Special Report: EB-5 Reforms Face Major Hurdles
Special Report: EB-5 Reforms Face Ma...
In early March, the two elder sta...
 June 26, 2017
 Attorneys Divvy Up $25M From Raymond James Settlement
Attorneys Divvy Up $25M From Raymond...
Attorneys for investors in an all...
 June 14, 2017
 Sec Seeks To Depose Canadian Executives Over Jay Peak Sale
Sec Seeks To Depose Canadian Executi...
Federal regulators are asking a U...
 May 07, 2017
Jay Peak Receiver Asks Town Board To Waive $164,159 Tax Penalty
Jay Peak Receiver Asks Town Board To ...
The man running Jay Peak Resort h...
 May 05, 2017
U.S. Ski Team affiliation a boon for Burke Mountain community
U.S. Ski Team affiliation a boon for ...
A new cooperative agreement late ...
 January 11, 2017
UNPAID BILLS PROVE HARDSHIP FOR CONTRACTORS IN NORTHEAST KINGDOM EB-5 PROJECTS
UNPAID BILLS PROVE HARDSHIP FOR CONTR...
The litany of woe for contractors...
 December 30, 2016
Quiros denies SEC allegations, any knowledge of fraud
Quiros denies SEC allegations, any kn...
Ariel Quiros, who is accused of m...
 December 28, 2016
Backstory: Biggest Reporting Regret
Backstory: Biggest Reporting Regret
A chart detailing the alleged ina...
 December 28, 2016
Anc Bio Vermont troubles began south korea
Anc Bio Vermont troubles began south ...
The AnC Bio Inc. offices in Seoul...
 December 27, 2016
Stenger acts lawyer denies class action claims
Stenger acts lawyer denies class acti...
Bill Stenger, the former CEO of J...
 December 23, 2016
Burke trains elite skiers
Burke trains elite skiers
A skier catches some air, assured...
 December 22, 2016
Burke first US ski team development site
Burke first US ski team development site
Burke Mountain Academy. Burke Mou...
 December 20, 2016
RECEIVER: Don't delay suit against Quiros and financial firm
RECEIVER: Don't delay suit against Qu...
Michael Goldberg, left, the recei...
 December 20, 2016
EB-5 Program Extended, Leaving Reforms, Visas in Question
EB-5 Program Extended, Leaving Reform...
An effort to reform the federal E...
 December 15, 2016
Battle records quiros children friend heats
Battle records quiros children friend...
Ary Quiros, left, and Bill Stenge...
 December 12, 2016
Investors seek jay peak related brokerage records
Investors seek jay peak related broke...
Gov. Peter Shumlin, Jay Peak CEO ...
 December 06, 2016
Receiver seeks $1.95m helping clean EB-5 mess Jay Peak
Receiver seeks $1.95m helping clean E...
Michael Goldberg, left, the recei...
 November 24, 2016
Jay peak manager readies first ski season helm
Jay peak manager readies first ski se...
Steve Wright, Jay Peak’s general ...
 November 23, 2016
Judge: Jay Peak developer was architect of fraud
Judge: Jay Peak developer was archite...
A federal judge has issued a scat...
 November 23, 2016
Q&A: Michael Goldberg, Jay Peak Receiver
Q&A: Michael Goldberg, Jay Peak Receiver
Michael Goldberg is the court-app...
 November 22, 2016
State releases redacted EB-5 documents vtdigger fights
State releases redacted EB-5 document...
Bill Stenger, Ariel Quiros and Pe...
 November 21, 2016
Peoples united bank investors square off EB-5 claims
Peoples united bank investors square ...
Jay Peak: Tram Haus Lodge A feder...
 November 19, 2016
Newport hole and Anc-bio site- go delinquent on taxes too
Newport hole and Anc-bio site- go del...
The demolished block on Main Stre...
 November 17, 2016
Resorts in fraud case say they're hiring as usual for winter
Resorts in fraud case say they're hir...
Herman Hoyt, 89, interviews for a...
 November 03, 2016
NEK resorts hold job fair
NEK resorts hold job fair
Two resorts rocked by scandal now...
 November 03, 2016
Jay Peak Resort Delinquent Property Taxes
Jay Peak Resort Delinquent Property T...
Jay Peak Tram Jay Peak Inc., at t...
 October 26, 2016
Lawyers quiros eb-5 case tussle word 'ponzi'
Lawyers quiros eb-5 case tussle word ...
EB-5 investors put $75 million in...
 October 14, 2016
EB-5 Investor Says Jay Peak Developers Double-Sold Hotel Jay
EB-5 Investor Says Jay Peak Developer...
An investor alleges the developer...
 August 29, 2016
Receiver Rebuffs $93 Million Offer For Jay Peak
Receiver Rebuffs $93 Million Offer Fo...
A bid has been made to purchase J...
 August 23, 2016
Deposition Outlines Alleged EB-5 Fraud
Deposition Outlines Alleged EB-5 Fraud
The CEO and president of Jay Peak...
 July 19, 2016
Shumlin Administration Had Evidence Of Alleged EB-5 Fraud 18 Months Before Charges
Shumlin Administration Had Evidence O...
Unfinished suites at Jay Peak's S...
 July 14, 2016
Phil Scott disappointed in Shumlin Administration's decision on EB-5 investor solicitation
Phil Scott disappointed in Shumlin Ad...
Lieutenant Governor Phil Scott to...
 July 14, 2016
Quiros Asks Vermont Judge To Dismiss EB-5 Fraud Case
Quiros Asks Vermont Judge To Dismiss ...
The Miami businessman who is accu...
 July 11, 2016
Updated: Raymond James Settles With State For $5.95M In EB-5 Case
Updated: Raymond James Settles With S...
The state has reached a $5.95 mil...
 June 30, 2016
SEC Receiver Sues Financial Firm Quiros Used For Investor Funds
SEC Receiver Sues Financial Firm Quir...
Michael Goldberg, the court-appoi...
 May 26, 2016
Anc Bio Investor Sues Raymond James
Anc Bio Investor Sues Raymond James
An AnC Bio Vermont investor filed...
 May 10, 2016
DEFENSE ATTORNEY: QUIROS IS ‘NO BERNIE MADOFF’
DEFENSE ATTORNEY: QUIROS IS ‘NO BERNI...
A federal judge heard arguments M...
 April 26, 2016
Jay Peak: An Autopsy of EB-5 Visa Fraud, Greed and Ignorance
Jay Peak: An Autopsy of EB-5 Visa Fra...
The recent charges brought by the...
 April 21, 2016
UPDATED: QUIROS ASKS FEDERAL COURT TO LIFT ASSET FREEZE
UPDATED: QUIROS ASKS FEDERAL COURT TO...
Ariel Quiros, the man at the cent...
 April 20, 2016
Jay Peak Resort Visit - Behar Law Firm
Jay Peak Resort Visit - Behar Law Firm
Good Morning. My name is Larry Be...
 April 20, 2016
Vermont scheme could put EB-5 in jeopardy
Vermont scheme could put EB-5 in jeop...
Changes may be in store for the E...
 April 18, 2016
Vermont EB-5 Scam Offers Template for Explaining Northern Beef Packers Fiasco
Vermont EB-5 Scam Offers Template for...
Among the unsolved mysteries of S...
 April 16, 2016
EB-5 immigrant investor program hit by massive fraud investigation
EB-5 immigrant investor program hit b...
Businessmen behind Jay Peak and Q...
 April 15, 2016
After SEC Takedown, Vermont Pols Back Away From EB-5, Developers
After SEC Takedown, Vermont Pols Back...
Reports of a Securities and Excha...
 April 15, 2016
SEC起诉Jay Peak,一座大山轰然倒下|EB-5特特特大新闻
SEC起诉Jay Peak,一座大山轰然倒下|EB-5特特特大新闻
一早起来,收到如下信息: 4月14日,SEC公告,其于12日起诉佛...
 April 15, 2016
SEC Case Freezes Assets of Ski Resort Steeped in Fraudulent EB-5 Offerings
SEC Case Freezes Assets of Ski Resort...
The Securities and Exchange Commi...
 April 14, 2016
SEC Alleges ‘Ponzi-Like’ Scheme in Vermont Involving EB-5 Visa Program
SEC Alleges ‘Ponzi-Like’ Scheme in Ve...
Even the snowy slopes of rural Ve...
 April 14, 2016
Feds Charge Northeast Kingdom Developers With 'Ponzi-Like' Fraud
Feds Charge Northeast Kingdom Develop...
The Securities and Exchange Commi...
 April 14, 2016
Federal and state authorities allege massive fraud in Northeast Kingdom development projects
Federal and state authorities allege ...
The federal Securities and Exchan...
 April 14, 2016
Vermont ski resort accused of running ‘Ponzi-like’ scheme
Vermont ski resort accused of running...
Jay Peak Ski Resort president Bil...
 April 14, 2016
FEDS CHARGE QUIROS AND STENGER WITH MASSIVE ‘PONZI-LIKE’ SCHEME
FEDS CHARGE QUIROS AND STENGER WITH M...
The Securities and Exchange Commi...
 April 14, 2016
Vt., feds allege 'massive' fraud at Jay Peak Inc.
Vt., feds allege 'massive' fraud at J...
Federal investigators have allege...
 April 14, 2016
Q Burke hotel struggles to open
Q Burke hotel struggles to open
Q Burke Hotel is finished, but Ge...
 March 20, 2016
Update on NEK economic development/EB-5 projects
Update on NEK economic development/EB...
Northeastern Vermont Development ...
 March 10, 2016
Extension for EB-5 visa program to be decided by December 16, as fraud worries persist
Extension for EB-5 visa program to be...
The fate of the EB-5 visa program...
 December 15, 2015
Does the EB-5 visa program take advantage of investors?
Does the EB-5 visa program take advan...
Wealthy foreigners have invested ...
 December 11, 2015
Jay Peak fails to meet water quality targets in settlement with state, Environment Group
Jay Peak fails to meet water quality ...
Jay Peak Resort, Inc., has not me...
 August 19, 2015
Stenger's 'Renaissance' Raises Hope — and Skepticism — in Newport
Stenger's 'Renaissance' Raises Hope —...
In March, wrecking crews demolish...
 August 05, 2015
STATE REGULATOR GIVES DEVELOPERS APPROVAL TO SOLICIT NEW EB-5 INVESTORS FOR Q BURKE
STATE REGULATOR GIVES DEVELOPERS APPR...
The state’s chief securities regu...
 July 21, 2015
Jay Peak Signs Agreement To Improve Streams Damaged By Development
Jay Peak Signs Agreement To Improve S...
Jay Peak resort has signed a sett...
 March 05, 2015
Stenger pushes on with EB-5 projects despite setback
Stenger pushes on with EB-5 projects ...
It was bad news for Bill Stenger ...
 July 18, 2014
Inspired By Jay Peak, Mount Snow Looks To Court Foreign EB-5 Investors
Inspired By Jay Peak, Mount Snow Look...
Mount Snow has joined the growing...
 February 19, 2014
Lure of Green Cards Brings Big Investments for Remote Resort in Vermont
Lure of Green Cards Brings Big Invest...
At this remote outpost by the Can...
 December 30, 2012
Report from Jay Peak
Report from Jay Peak
Rapid USA Visas, the former marke...
 April 18, 2012
Seeing Green  : Vermont's EB-5 program trades cash for visas — fair deal or shady business?
Seeing Green : Vermont's EB-5 progra...
It’s not the sort of weather a sk...
 April 04, 2012
Why did Rapid Visa USA and Jay Peak Part Ways?
Why did Rapid Visa USA and Jay Peak P...
So what did happen between Jay Pe...
 March 25, 2012
State Says EB5 Program Unaffected By Jay Peak Allegations
State Says EB5 Program Unaffected By ...
(Host) State officials say a Flor...
 March 24, 2012
MARGOLIS: IN THE EB-5 SUBCULTURE, JAY PEAK FINANCES QUESTIONED
MARGOLIS: IN THE EB-5 SUBCULTURE, JAY...
Much of the money for the expansi...
 March 19, 2012
EB-5 Visa Agent / Broker Rapid Visas denounces Jay Peak
EB-5 Visa Agent / Broker Rapid Visas ...
Rapid USA Visas CEO Douglas Hulme...
 March 01, 2012

News & Updates 75

Receiver Rebuffs $93 Million Offer For Jay Peak
Receiver Rebuffs $93 Million Offer Fo...
A bid has been made to purchase J...
 August 23, 2016
Resorts in fraud case say they're hiring as usual for winter
Resorts in fraud case say they're hir...
Herman Hoyt, 89, interviews for a...
 November 03, 2016
Jay Peak: An Autopsy of EB-5 Visa Fraud, Greed and Ignorance
Jay Peak: An Autopsy of EB-5 Visa Fra...
The recent charges brought by the...
 April 21, 2016
Vermont scheme could put EB-5 in jeopardy
Vermont scheme could put EB-5 in jeop...
Changes may be in store for the E...
 April 18, 2016

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